Current Price

$67,168

1 Month Forecast

â–² $79,667

1-Year Forecast *

â–² $85,991

5-Year Forecast *

â–² $106,489

"Is it a good time to buy homes in Elmore?" "Does investing in real estate in Elmore (Minnesota State, Faribault County) worth it?" According to our live Forecast System, buying a house in Elmore is a very good short-term (1-year) investment*. The Elmore average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Elmore" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Elmore in Minnesota State, Faribault County. If you are looking for homes for sale with good flipping profit, Elmore can be a profitable property investment option. The median price of an average house in Elmore was 67,168 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Elmore" area is 106,489 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +58.54% meaning that investing 100000 USD today may yield a profit of 58,541 USD by 2031.

Current Median Listing Price: 67,168 USD Median Listing Price Per Square Foot: 37 USD

Elmore Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Elmore (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Elmore Price Target

Elmore median home price target in 12 months: $85,991* (upside of 28.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $80,827 $79,563 $79,563 $81,323
2024 $60,596 $67,168 $59,088 $67,168
2023 $59,811 $62,113 $59,811 $63,723
2022 $0 $59,211 $0 $59,211
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Elmore Housing Market Forecast

How much does an average home cost in Elmore today?

The value of an average home (the listing price) in Elmore is $67,168 USD.

What is the average price per square foot in Elmore?

According to Walletinvestor the median price per square foot in Elmore is 37 USD.

Will the median listing price of homes in Elmore grow / rise / go up?

Yes. The Elmore home prices may rise from 67,168 USD to 85,991 USD in one year.

Is it profitable to invest in Elmore homes?

Yes. The long-term profit potential is +28.02% in one year.

Will Elmore house prices fall / drop?

No. See above.

What is the predicted price of a Elmore home in 2030?

The predicted home sales price of a Elmore home in 2030 in Elmore is 96,851 USD.

What is the predicted price of a Elmore home in 2035?

The predicted home sales price of a Elmore home in 2035 in Elmore is 120,728 USD.

Will real estate prices decrease in Elmore?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Elmore is the 20993. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Faribault, Elmore decreased, looking at the past 12 months.

According to Walletinvestor's Elmore real estate market research, home values will increase in the next 12 months.

Median home values decreased by 17.405% to 67,168 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 26.273% in 2021
  • 28.193% in 2022
  • 28.903% in 2023
  • 28.723% in 2024
  • 29.823% in 2025
  • 28.873% in 2026

Based on our Elmore real estate market research and report the predicted sales prices will increase by 1,082.750% in the next 10 years.

Over the last 12 months, the value of homes in Elmore fluctuated: decreasing 4 times.

Elmore (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Elmore Housing Market Forecast with Real Estate Prices for 2025
August 2025 79667 73692 85641
September 2025 80090 74484 85696
October 2025 80731 74515 86947
November 2025 81497 75548 87446
December 2025 81742 77328 86157
Elmore Housing Market Forecast with Real Estate Prices for 2026
January 2026 81473 76340 86606
February 2026 81443 73543 89343
March 2026 82008 77662 86355
April 2026 82911 75698 90124
May 2026 83611 78510 88711
June 2026 84458 76688 92228
July 2026 85991 78596 93386
August 2026 87552 83087 92017
September 2026 88856 84058 93655
October 2026 89329 81021 97637
November 2026 89226 82980 95472
December 2026 89379 80977 97780
Elmore Housing Market Forecast with Real Estate Prices for 2027
January 2027 89483 83130 95837
February 2027 89548 84354 94741
March 2027 89457 80512 98403
April 2027 88947 83788 94106
May 2027 87650 82829 92471
June 2027 86372 77994 94750
July 2027 85113 76772 93454
August 2027 84803 77849 91756
September 2027 85370 80248 90493
October 2027 86920 78837 95004
November 2027 88498 80799 96197
December 2027 90105 83978 96232
Elmore Housing Market Forecast with Real Estate Prices for 2028
January 2028 91740 84493 98988
February 2028 92283 86469 98097
March 2028 93052 86260 99845
April 2028 93522 84357 102687
May 2028 94405 88740 100069
June 2028 96118 88813 103424
July 2028 96539 86982 106097
August 2028 96708 89358 104058
September 2028 96630 90735 102524
October 2028 96511 87343 105680
November 2028 95664 89925 101404
December 2028 94616 86289 102942
Elmore Housing Market Forecast with Real Estate Prices for 2029
January 2029 94739 89054 100423
February 2029 95242 86480 104004
March 2029 96004 86692 105317
April 2029 96915 89647 104184
May 2029 97207 91472 102943
June 2029 96887 89911 103863
July 2029 96851 91040 102662
August 2029 97523 88063 106983
September 2029 98597 90117 107076
October 2029 99429 92071 106787
November 2029 100437 91297 109576
December 2029 102260 97147 107373
Elmore Housing Market Forecast with Real Estate Prices for 2030
January 2030 104116 95579 112654
February 2030 105667 98905 112430
March 2030 106229 96562 115896
April 2030 106107 96451 115762
May 2030 106288 100655 111922
June 2030 106413 100347 112478
July 2030 106489 96799 116180
August 2030 106382 100212 112552
September 2030 105775 100275 111275
October 2030 104233 96936 111529
November 2030 102713 95626 109800
December 2030 101215 93219 109211
Elmore Housing Market Forecast with Real Estate Prices for 2031
January 2031 100846 93888 107805
February 2031 101521 94110 108933
March 2031 103365 96853 109876
April 2031 105241 98400 112082
May 2031 107152 97186 117117
June 2031 109097 101242 116952
July 2031 109742 104146 115339
August 2031 110657 105124 116190
September 2031 111215 101984 120446
October 2031 112265 106091 118440
November 2031 114303 106073 122533
December 2031 114804 104586 125021
Elmore Housing Market Forecast with Real Estate Prices for 2032
January 2032 115004 109024 120985
February 2032 114911 105144 124678
March 2032 114770 107769 121771
April 2032 113763 107051 120475
May 2032 112516 105652 119379
June 2032 112662 103537 121788
July 2032 113261 104087 122435

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.